METALLOINVEST FINANCE DESIGNATED ACTIVITY COMPANY (FRA:XS091829) Metalloinvest declares dividends

Transparency directive : regulatory news

13/06/2018 17:50

Metalloinvest Finance Designated Activity Company (IRSH)
Metalloinvest declares dividends

13-Jun-2018 / 17:50 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


Moscow, Russia - 13 June 2018 - Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has announced its dividends.

Based on 2017 results and Net debt/EBITDA ratio of 1.9x as of 31 December 2017, the shareholders of Metalloinvest made a decision to pay out the dividends in the total amount of 18.999 billion roubles.

 

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For more information, please contact:

Artem Lavrischev
Director of Investor Relations and Corporate Ratings

E: ir@metalloinvest.com

T: +7 (495) 981-55-55

 

 

 

 

 

 

 

 

 

Metalloinvest is a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel. The Company has the world's second-largest measured iron ore reserve base and is one of the lowest-cost iron ore producers.

Metalloinvest is wholly owned by USM Holdings. Alisher Usmanov is the major beneficiary of USM Holdings (49%), with other major beneficiaries being the companies of Vladimir Skoch (30%) and Farhad Moshiri (9%).



ISIN: XS0918297382
Category Code: RAG
TIDM: IRSH
Sequence No.: 5647
EQS News ID: 695235

 
End of Announcement EQS News Service

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